South Plains Financial: Fourth Quarter Earnings Overview

South Plains Financial Announces Fourth Quarter Results

South Plains Financial, Inc., headquartered in Lubbock, Texas, has announced a net profit of $15.3 million for the fourth quarter.

The bank reported earnings of $0.90 per share during this period.

Total revenue reached $74.4 million, with net revenue after interest expenses amounting to $53.9 million, surpassing analyst expectations.

For the full year, South Plains Financial achieved a net income of $58.5 million, or $3.44 per share, with total revenue reported at $211.9 million.

This article was created by Automated Insights using data provided by Zacks Investment Research.